1944 S Century LnSpokane ValleyWA99037
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Spokane Valley at 1944 S Century Ln, Spokane Valley, WA, 99037 earns $573/mo cash flow from $2,984/mo rent with a $1,963/mo payment. Total monthly income totals $2,984/mo, and annual cash flow totals $6,879/yr on $132,932 capital. ROI tracks 25.08% on current figures, and rental yield reads 8.93% at a $401,000 purchase. Equity gained on principal adds $2,588/yr, and 5% annual appreciation supports $110,789 over five years. Five-year ROI reaches 130.38% and total cumulative return in cash sums $173,310. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,984/mo property income instead of your personal income.
Single Family
Built in 1994
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99037, Veradale, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,321 (100%) |
| Owner Occupied HU | 4,125 (56.3%) |
| Renter Occupied HU | 2,982 (40.7%) |
| Vacant Housing Units | 214 ( 2.9%) |
| Median Home Value | $526,688 |
| Average Home Value | $563,407 |
Housing Distribution
Address Breakdown
Residential
6,914
Single Family
5,618
Multi-Family
1,296
Businesses
565
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Listed by: Lee Ferrari • Redfin
Mls Name: SMLS
Mls ID: #202527251